Eldorado Gold (EGO) Tops Q2 EPS by 7c, provides production and cost outlook

Eldorado Gold (NYSE: EGO) reported Q2 EPS of $0.33, $0.07 better than the analyst estimate of $0.26. Revenue for the quarter came in at $297.1 million versus the consensus estimate of $309.75 million.

Production and cost outlook: The Company is maintaining its 2024 annual production guidance of 505,000 to 555,000 ounces of gold. Production continues to be weighted to the second half of the year. Total cash costs1 for the full year are expected to be between $840 to $940 per ounce sold and an average AISC1 of $1,190 to $1,290 per ounce sold.

For earnings history and earnings-related data on Eldorado Gold (EGO) click here.

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